KGHM starts the bidding on Quadra FNX
While $3 billion may sound like a tidy sum, when it’s the price tag on a global copper producer with a stable of enviable development projects, it may not be enough.
News
Letter to the editor: Canada’s CSR review process misrepresented
The article about this office (“Canada’s new CSR Counsellor not feeling the love,” T.N.M., Nov. 28-Dec.4/11) misrepresents our review process in many material aspects. I can only imagine that Excellon Resources’ CEO was misinterpreted in his…
Rye Patch locks horns with Coeur d’Alene
Shares of Rye Patch Gold (RPM-V) surged 84.4% to close at 71¢ yesterday on news that the junior had scooped lapsed mining claims from a subsidiary of major Coeur d’Alene Mines (CDM-T, CDE-N) in the Rochester mining district of Nevada.
Ross Beaty’s outlook on metal demand
Over the last twenty-five years Vancouver-based mining entrepreneur Ross Beaty has started twelve public companies and sold eight of them, converting about $1 billion of investment capital into shareholder wealth of more than $5 billion. Mr….
Venture finds gains in Nov 28 – Dec 2 period
Vancouver – The S&P Venture Composite Index continues to show significant volatility, climbing 51.74 points in the November 28 to December 2 period to end at 1,556.88 points. The upswing only recouped about half the loss from the week…
TSX back up: Learn to love the volatility
Market volatility continued to reign supreme as the TSX Composite Index bounced back from a previous period sell-off and surged 403 points to 12,075.09 for the Nov. 28 – Dec. 2 period.
Kofi results encourage Avion Gold
Drill results from the C zone of the Kofi property in Mali, West Africa show “excellent potential” for Avion Gold (AVR-T, AVGCF-O) to define a “near-surface, high grade, mineable gold deposit” says the company’s senior vice president of…
Virginia Mines a buy or hold near current levels: Cook, Casey
It is no easy task to find junior exploration companies these days with tangible assets and a share price that might not drop too significantly should the current market uncertainty be a mere prelude to a wide-scale financial system collapse.
U.S. equities post gains in Nov. 28-Dec. 2 trading
Equity markets in the United States rallied sharply in the wake of better-than-expected employment figures and more encouraging news from Europe. The U.S. unemployment rate in November dropped to a two-and-a-half year low or to 8.6%, down from…
Munk, Bharti give millions to Ontario institutions
Two of Toronto’s most successful mining entrepreneurs are opening their wallets wide to help improve major Ontario institutions.
Prophecy advances its Chandgana power plant
Prophecy Coal (PCY-T, PCY-V) could start building its 600-megawatt (MW) Chandgana power plant in Mongolia by early 2013, positioning itself for a 2016 start.
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